RecoveryDAO Price
(REC)
Note: This cryptocurrency has not yet been officially listed on KuCoin TR.
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Note: This data is for reference only.
REC(REC) Profile
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- ATH
- 0.28129305
- Price Change (1h)
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About REC
How can I buy RecoveryDAO (REC)?
Buying REC on KuCoin TR is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy RecoveryDAO (REC) for more information. Coin description
Recovery ($REC) is a decentralized crowdfunding protocol on BNB Chain driven by the community.REC is the only token issued by RecoveryDAO. Recovery’ goal is to create a credible value asset for Web3 and to help onboard users into a decentralized, democratized economy, with the additional goal of becoming the reserve currency for DeFi, which is one of the ways we can achieve economic recovery.
In order to consolidate the value of its token REC, the DAO continuously destroys the deflationary token through the protocol, so that it still has intrinsic value to support it even if it falls. Recovery brings unique economic and game theory dynamics to the market through staking and crowdfunding.
Recovery is governed by the DAO, so all decisions are discussed by community members in the Discord community, and after the proposal is proposed, the nodes jointly vote to decide. Recovery mainly provides two strategies for participants to use: staking and crowdfunding. Pledgers pledge their REC-USDT LP to obtain ecological dividend income, while crowdfunding participants help to burn REC tokens through a decentralized protocol, thereby obtaining contribution rewards set by the protocol.
FAQ
What is the all-time high price of RecoveryDAO (REC)?
The all-time high price of RecoveryDAO (REC) is 0.28. The current price of REC is down -- from its all-time high.
How do I store RecoveryDAO (REC)?
You can store your RecoveryDAO in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your REC include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.